EUR/USD Forecast: dollar poised to extend its rally

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Feb 19, 2016.

  1. Sandra S.

    Sandra S. Forum Member

    Sep 1, 2015
    Likes Received:
    The EUR/USD pair is poised to end the week below the 1.1100 figure, and with a six-straight days' decline. There was no certain catalyst beyond this EUR weakness, but uncertainty among financial markets and weak oil prices had their fair share of blame. Both Central Banks have offered dovish comments, expressing concerns over how Chinese economic slowdown may weight on local economies. There was, however, a slightly imbalance that favored the greenback: improved inflation figures. Last

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